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Supporters of liquefied natural gas terminals have thrown a late snag into what has been an orderly process to create rules for developing multibillion-dollar energy corridors in Maine. LNG representatives want to extend the current moratorium on energy corridors and create a government commission to do more reviews. Their proposal was filed late last week with the special study group already debating policy for energy corridors.
Also filed under [
General]
Provincial power deal aimed at N.E. energy markets
October 31, 2009 by Associated Press and Kevin Miller in Bangor Daily News
October 31, 2009 by Associated Press and Kevin Miller in Bangor Daily News
North America's largest utility company Hydro-Quebec has announced it will pay $4.4 billion for transmission lines of New Brunswick Power, a deal that would help the company secure greater access to electricity markets in the U.S.
Hydro-Quebec announced Thursday that it expects to spend up to $23 billion over the next decade to boost its hydro electric output by 4,500 megawatts a year.
Much of that will be exported to the United States and Ontario.
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Canada]
Maine can have a reliable power grid for substantially less money, and with far fewer transmission towers and substations, than the $1.5 billion project Central Maine Power Co. is proposing, the staff of the Public Utilities Commission has concluded.
In an analysis made available late Tuesday, the PUC staff said CMP has overstated and accelerated the need for its Maine Power Reliability Program, in part by using forecasts for growth in electricity use that have become outdated since the recession started. ... the staff concludes that the grid could be upgraded for $667 million under a basic plan, and for $852 million under a more extensive upgrade, depending on what is done.